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                                                                    EXHIBIT 21.1

                    SUBSIDIARIES OF PRATT HOTEL CORPORATION

                                                                  STATE
          NAME                           ADDRESS                ORGANIZED
                                                             
PPI Corporation                     13455 Noel Road             New Jersey
                                    Suite 2200, LB48           
                                    Dallas, TX  75240          
                                                             
PPI Funding Corp.                   13455 Noel Road             Delaware
                                    Suite 2200, LB48           
                                    Dallas, TX  75240          
                                                             
Pratt Casino Corporation            13455 Noel Road             Delaware
                                    Suite 2200, LB48           
                                    Dallas, TX 75240           
                                                             
PCPI Funding Corp.                  13455 Noel Road             Delaware
                                    Suite 2200, LB48           
                                    Dallas, TX  75240          
                                                             
GB Holdings, Inc.                   13455 Noel Road             Delaware
                                    Suite 2200, LB48           
                                    Dallas, TX 75240           
                                                             
Greate Bay Hotel and Casino, Inc.   136 S. Kentucky Avenue      New Jersey
                                    Atlantic City, NJ 08401    
                                                             
GB Property Funding Corp.           13455 Noel Road             Delaware
                                    Suite 2200, LB48           
                                    Dallas, TX 75240           
                                                             
Pratt-Hollywood, Inc.               13455 Noel Road             Delaware
                                    Suite 2200, LB48           
                                    Dallas, TX  75240          
                                                             
BPHC Acquisition, Inc.              136 S. Kentucky Avenue      New Jersey
                                    Atlantic City, NJ 08401    
                                                             
Advanced Casino Systems             13455 Noel Road             Delaware
 Corporation                        Suite 2200, LB48           
                                    Dallas, TX 75240           
                                                             
BPHC Parking Corp.                  136 S. Kentucky Avenue      New Jersey
                                    Atlantic City, NJ 08401    
                                                             
Pratt Hotel Management              13455 Noel Road             Texas
  Corporation                       Suite 2200, LB48           
                                    Dallas, TX  75240          
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              SUBSIDIARIES OF PRATT HOTEL CORPORATION (CONTINUED)

                                                                  STATE
          NAME                           ADDRESS                ORGANIZED
                                                             
Pratt Hotel Funding, Inc.           13455 Noel Road             Delaware
                                    Suite 2200, LB48
                                    Dallas, TX  75240
 
PCVI, Inc.                          13455 Noel Road             Texas
                                    Suite 2200, LB48            
                                    Dallas, TX  75240           
                                                             
SJPR Management, Inc.               13455 Noel Road             Texas
                                    Suite 2200, LB48            
                                    Dallas, TX  75240           
                                                             
SJPR, Inc.                          13455 Noel Road             Texas
                                    Suite 2200, LB48            
                                    Dallas, TX  75240           
                                                             
PRT Funding Corp.                   13455 Noel Road             Delaware
                                    Suite 2200, LB48            
                                    Dallas, TX  75240           
                                                             
New Jersey Management, Inc.         13455 Noel Road             New Jersey
                                    Suite 2200, LB48            
                                    Dallas, TX 75240